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by sunshine-o 469 days ago
> 1. EU is the most aggressive when it comes to legislation far exceeding the US in terms of privacy law, competition law and setting strict minimums for labor conditions etc.

The problem is in practice those big law and regulations end up benefiting the biggest actors with "Star Destroyers" type legal departments and lobbying.

I have witnessed it, 10 years ago GDPR pushed most European companies in one of the hyperscaler cloud. Exactly the opposite of what we were naively expecting. The EU Cyber resilience act is finishing up the job.

Funny how now just because Trump was elected, some European are waking up wondering why they are in this mess and welcome more EU regulation to get them out of there...